SERVICES

LEASING, FACTORING, BROKERAGE & MUTUAL FUND MANAGEMENT COMPANIES

Edition 1
Publication Year March, 2017
Country Greece
Price 590.00€

LEASING, FACTORING, BROKERAGE & MUTUAL FUND MANAGEMENT COMPANIES

Few companies which are mainly subsidiaries of the four systemic banks operate in the leasing and factoring sectors. On the contrary, the domestic Investment Services Firms (AEPEY) are significantly more, as well as Mutual Fund Management Companies.
In 2016 the domestic market of leasing registered a significant recovery (69.5% annual rise). The Athens Stock Exchange General Index increased by 1.9%, but the value of transactions declined by 21.25%. The total assets of UCITS registered a fall of 11.3% in the same period.
55% of new leases for 2016 concerned machinery equipment. Domestic Factoring accounts for the majority of factoring services in the Greek market. 25.1% of the total assets of UCITS regards Money Market UCITS.